Financial News: U.S. Crude Oil Inventories Pull Back But Gasoline

U.S. Crude Oil Inventories Pull Back But Gasoline Inventories Inch Higher

01/28/2026 - 10:36:00 (RTTNews)

(RTTNews) - A report released by the Energy Information Administration on Wednesday showed a pullback by U.S. crude oil inventories in the week ended January 23rd.

The EIA said crude oil inventories fell by 2.3 million barrels last week after jumping by 3.6 million barrels in the previous week.

At 423.8 million barrels, U.S. crude oil inventories are about 3 percent below the five-year average for this time of year, the EIA said.

Meanwhile, the report said gasoline inventories crept up by 0.2 million barrels last week and are about 5 percent above the five-year average for this time of year.

Distillate fuel inventories, which include heating oil and diesel, also inched up by 0.3 million barrels last week and are about 1 percent above the five-year average for this time of year, the EIA said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Cyprus GDP Growth Accelerates In Q4 (03 hr(s), 50 min(s), 27 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate quickened in the final three months of 2025 to its hi ...Full Story»

U.S. Consumer Prices Edge Higher In January, Annual Growth Slows More Than Expected (04 hr(s), 54 min(s), 27 sec(s) ago)
(RTTNews) - The Labor Department released a highly anticipated report on Friday showing consumer p ...Full Story»

U.S. Consumer Prices Rise Slightly Less Than Expected In January (05 hr(s), 52 min(s), 27 sec(s) ago)
(RTTNews) - The Labor Department released a highly anticipated report on Friday showing consumer p ...Full Story»

Slovakian GDP Growth Improves To 1.0% (06 hr(s), 15 min(s), 27 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated somewhat in the three months ending in Dece ...Full Story»

Eurozone Trade Surplus Declines (06 hr(s), 23 min(s), 27 sec(s) ago)
(RTTNews) - The euro area trade surplus declined in December as growth in imports exceeded the exp ...Full Story»

Poland Inflation Eases To 2.2%, Lowest In 22 Months (06 hr(s), 47 min(s), 27 sec(s) ago)
(RTTNews) - Poland's consumer price inflation moderated further in January to the lowest level ...Full Story»

Eurozone GDP Expands As Estimated (07 hr(s), 0 min(s),27 sec(s) ago)
(RTTNews) - The euro area economy grew at a steady pace in the fourth quarter, matching the initia ...Full Story»

Taiwan Q4 GDP Growth Accelerates Slightly Less Than Estimated (07 hr(s), 59 min(s), 27 sec(s) ago)
(RTTNews) - Taiwan's economy expanded at an accelerated pace in the final quarter of 2025, th ...Full Story»